Yukoners began receiving their first carbon price rebates of $43 last Thursday.
Yukoners are automatically eligible if they filed a 2018 Yukon income tax return, and will receive $43 each. The Canada Revenue Agency is issuing payments by direct deposit or cheque.
Families receive their rebate as a combined payment per household.
For married and common-law partners, a combined rebate will be paid to the person who filed his or her 2018 tax return first. Yukoners with dependent children will receive a payment that includes a rebate for each child.
Yukoners will receive their second rebate payment of $43 on April 30, 2020. Premier and Finance Minister Sandy Silver announced last week the quarterly rebate beginning in July 2020 will be $48.
Yukoners living outside Whitehorse will receive an additional supplement of 10 per cent, or $4.80 for a total quarterly payment of $52.80.
Rebate payments will increase with the federal price on pollution. The rebate will return proportionally more, on average, than individuals pay in carbon pricing levies, Silver said.
“Our made-in-Yukon carbon rebate is designed to be revenue neutral and returns more money on average than Yukoners pay in levies,” he said. “It supports us all to make choices for a greener future for our territory.”
The Yukon government’s carbon price rebate is the result of discussions with Yukoners, governments and industry over the last two years, the government said.